The Finance and Accounting Department is the backbone of any successful organization. It’s responsible for maintaining a consistent and accurate record of financial activities, ensuring that money flows in and out of the company efficiently. It also tracks customer receipts and payments, generates reports, prepares taxes and budgets, and safeguards assets. In other words, this department makes sure that every penny counts so that your business can stay profitable and sustainable. By staying on top of accounting details and understanding the larger context of how finances work, the Finance and Accounting Department can give you an edge over the competition.